The Forster Muhlenkamp Foundation

Private foundation · Grantmaker Ponte Vedra Beach, FL EIN: 87-6876764

The Forster Muhlenkamp Foundation is a private foundation, based in Ponte Vedra Beach, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $280K in total assets. In 2025, it awarded 4 grants totaling $18K. Net investment income was $3K.

The Forster Muhlenkamp Foundation at a glance

In short: The Forster Muhlenkamp Foundation gave $18K across 4 grants in 2025 (avg $5K), mostly in Alabama. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$18,100
+1.7% vs 2024
Grants made (2025)
4
+33.3% vs 2024
Average grant
$4,525
-23.7% vs 2024
Median grant
$3,000
Total assets
$280,012
-4.0% vs 2024
Primary geography
Alabama (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Forster Muhlenkamp Foundation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Kulture City: $12KKulture City$12KChildrens Harbor: $5KChildrens Harbor$5KOverland Missions: $1KOverland Missions$1KLake Martin Resource Association: $100Lake Martin ResourceAssociation$100

The largest 2025 recipient was Kulture City ($12K). Together the top 4 received $18K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

Alexander CityBirminghamMontgomeryCulverEclecticKeswickOrange BeachPonte Vedra BeachRamer

How The Forster Muhlenkamp Foundation gives

  • In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2021 5 grants2023 3 grants2024 4 grants2025

From 2023 to 2025, annual grant giving ranged from $8K (2023) to $18K (2025). In 2025 it made 4 grants totaling $18K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Kulture City Birmingham, ALGeneral Fund$12,000
Childrens Harbor Eclectic, ALGeneral Fund$5,000
Overland Missions Orange Beach, ALMinistry Assignment$1,000
Lake Martin Resource Association Alexander City, ALAnnual Fund Raising$100
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$280,012$6,975$18,745$18,1004$18,745$3,118$16,904
2024$291,782$5,681$19,180$17,8003$19,180$3,261$16,902
2023$305,281$142,850$9,148$8,3805$8,380$12,209$15,402
2021$161,766$322,606————$6,552—

Under IRS private-foundation payout rules, The Forster Muhlenkamp Foundation reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Forster Muhlenkamp Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Caroline E. Muhlenkamp

    Trustee

    On filings since 2021

    No compensation reported

  • Matthew N. Muhlenkamp

    Trustee

    On filings since 2021

    No compensation reported

  • Peter H. Forster

    Trustee

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Forster Muhlenkamp Foundation

How much does The Forster Muhlenkamp Foundation give each year?

The Forster Muhlenkamp Foundation gave $18K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 3 grants.

What is The Forster Muhlenkamp Foundation's typical grant size?

The Forster Muhlenkamp Foundation's median grant in 2025 was $3,000, and its average grant was $4,525, across 4 grants on its 2025 IRS Form 990-PF.

Where does The Forster Muhlenkamp Foundation give grants?

The Forster Muhlenkamp Foundation gives mostly in Alabama: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does The Forster Muhlenkamp Foundation give general operating support?

Yes: 75% of The Forster Muhlenkamp Foundation's 2025 grants with a stated purpose (3 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is The Forster Muhlenkamp Foundation?

The Forster Muhlenkamp Foundation reported $280K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

What is The Forster Muhlenkamp Foundation's EIN?

The Forster Muhlenkamp Foundation's EIN (Employer Identification Number) is 87-6876764. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 26, 2026)
  2. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Forster Muhlenkamp Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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